The market is in a H4/H1 countertrend within the daily minor long trend.
I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase.
The idea is valid until the daily impulse base is broken.
The H4/H1 countertrend is valid, so it may go further south, testing the daily breakout (blue).
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present.🏄🏼♂️
Your comments and support are appreciated! 👊🏼
I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase.
The idea is valid until the daily impulse base is broken.
The H4/H1 countertrend is valid, so it may go further south, testing the daily breakout (blue).
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present.🏄🏼♂️
Your comments and support are appreciated! 👊🏼
Note
H4 made another wave down, so the trigger zone moved.Trade closed: target reached
Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.